Forex encyclopedia

Various kinds of money and money means, which are distinguished by different extent of liquidity, that is to say, speed and ease of conversion into cash, constitute the notion of money aggregates in the economy. Total of all money aggregates is the indication of money supply structure of a country. Important economic figure is monetization factor, which represent the ration of M2 to GDP. This figure is also known as financial depth, and it identifies sufficient amount of money means in circulation in state. For a developed country its best possible level is not less than 55%, whereas lower level tells about shortage of money that prevent economic development of the country.

DeMarker Indicator is the technical indicator matching current High with the previous Highs. For the first time the indicator was published in the book by Thomas DeMark called "The New Science of Technical Analysis". Originally Mr. DeMark wondered if it is possible to create such a technical instrument that would have no drawbacks that feature the most part of popular indicators. In his book the author introduces indicator as overbought/oversold index with zones showing attenuation of price.